| |||||||||
|
Auto Leasing Deals Las Vegas
Next page: Auto Leasing In Madison Wisconsin
|
Auto leasing making a comeback8 Mar 2010 at 9:48pm ... bout 10 percent of U. S. retail auto sales in the third quarter of 2009. ... But the latest data show car leasing rebounded to about 16 percent in the fourth quarter of 2009. What happened?...Earlier this decade -- when U. S. auto sales regularly topped 16 million units a year -- leasing accounted for as much as 30 percent of the market in some months....At lease end, the customer can buy the car but the vast majority turns them back in to the auto finance company, which then auctions them off to auto dealers....As recently as the first quarter of 2008 -- before the worst of the latest recession hit -- auto leasing represented 22 percent of the market, according to the Power I nformation Network, or PIN.... |
ABC News ALG's reports are closely watched in the automotive industry for its forecasts of residual value, a key component in setting auto leasing rates. ... and more » |
Read more...
|
Permalink: Auto Leasing Deals Las Vegas
| |
